Bull Run Resources Leasing

Bull Run Resources LLC (appears to be based in Tyler, Texas) filed 61 lease memos in Leon and Madison Counties on March 10. These leases cover about 7,600 acres (4,500 in Madison and 3,100 in Leon). The lease area extends from Madisonville to the northwest through Normangee up to Hilltop Lakes:

Does anybody have any knowledge to share about this leasing campaign, such as what E&P company Bull Run is leasing for and what the target may be?

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Bull Run continues to file new lease memos. Through March 17, they have filed 177 in Leon County and 43 in Madison County. Total gross acreage is 14,000 (8,700 in Leon and 5,300 in Madison).

I’m checking around, but haven’t found anyone who knows anything about Bull Run.

Here’s the latest map of the lease area:

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I did a “tracer” today and a credible source told me that it is “EOG”! The target are the formations between about 9,000 to 11,000 ft.

Interesting…

The Bull Run leasing area does align with where EOG leased acreage from 2010 through 2015:

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Bull Run Resources LLC filed for a drilling permit today. Horizontal well to be located 3.1 miles southeast of Normagee:

https://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?name=AUGUSTUS%2BUNIT&fromPublicQuery=Y&univDocNo=499064426

This is Bull Run’s first ever W-1 filing, suggesting that they are covering for an undisclosed E&P company. Bull Run registered with the Texas RRC on March 20, 2026.

The rumor is that the undisclosed company is EOG.

Alan - Thank you as always. Your info on this area is really beneficial to a lot of people.

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Any idea on the terms offered? My family was contacted by the third party lease hound. He was talking about $400 NMA on a 3-year with additional 2-year option at same rate, 20% royalty with no cost free.

Bull Run recorded 457 new lease memos in Madison County on Friday and today. This is obviously a large-scale leasing project, lending more credence to the possibility that EOG may be involved.

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Rig is on site for the Bull Run Augustus Unit 1H well in Madison County. The rig is Nabors X07. EOG frequently uses Nabors rigs. In fact, EOG currently has nine Nabors rigs going. Just another piece of evidence suggesting that this is an EOG project.

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That is pretty interesting. They seem to be moving really fast.

The rig is located right beside a road if anyone wants to go see it. Proceed south from Normangee on FM39, then turn left on FM378.

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Bull Run has recorded 537 leases in Madison County, covering about 25,000 gross acres. Here’s a map of the surveys that contain leased acreage:

Unfortunately, I can’t provide an update for their Leon County leasing. Leon County switched vendors for their online search function on March 23, and the website has not worked since then. I hope that will get fixed soon.

I drove by the wellsite today, and the rig was in the final stages of teardown. Rig arrived on April 1, and drilling was completed no later than April 11. If it was drilled according to plan, that is 20,000 feet(9,000 tvd and 11,000 lateral) of drilling in ten days or less. Looks like an EOG operation! Four large permanent storage tanks have been installed. Here are some photos:

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